592 Powell Street
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | Listed | $649,000 | |
| Listed | |||
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PRICE Improvement. Motivated seller. Ideal for first-time buyers, this 3-bedroom, 2-bathroom home located in Salinas, serves as great starter home Don't miss the opportunity to make this house your home. Situated for convenience, it offers easy access to shops, restaurants, and the freeway, making it perfect for those seeking both comfort and accessibility. The Salinas City Elementary School District serves this property. New carpet and new vinyl throughout the home, new interior paint. Enjoy the warmth of the gas fireplace in the separate family room. Laundry is conveniently located in the garage, which is equipped with electricity hookups (110V) and gas hookups. Sprinkler system in front yard. Artificial grass in the back yard for low maintenance. Central forced air heating and energy-efficient low flow showers and toilets.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017